EngLee's Path

A blog about Eng Lee's life, a freelance programmer in Royal Klang Town (Malaysia).

Saturday, August 01, 2009

Amanah Saham 1Malaysia

The Prime Minister recently launched a new fund, Amanah Saham 1Malaysia.

From TheStar:

Prime Minister Datuk Seri Najib Tun Razak announced the incentive at the launch of the new trust fund, which has 10 billion units, with each unit going for RM1.

Amanah Saham 1Malaysia is the biggest trust fund in the country, and will go on sale from Aug 5.

With the name 1Malaysia, the first thing that came to mind is, we all live together as Malaysian and not separated by races. We will go out claiming ourselves Malaysians, NOT Malay or Chinese or Indian.

But somehow, in contrary, the package is distributed according to races:

To ensure that the units are fairly distributed, Najib said that for the first 30 days of sale (Aug 5 to Sept 3), 50% of the units have been allocated to bumiputras, 30% to the Chinese, 15% to the Indians and 5% to other races.

So, are we really heading for 1Malaysia? Or do we still separating ourselves by races?


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